The Bank of England is reviewing allegations it told currency traders it wasn’t improper to share impending customer orders with counterparts at other firms, Andrew Bailey told lawmakers in London.
Werner Tschan is the author of Professional Sexual Misconduct in Institutions: Causes and Consequences, Prevention and Intervention.
The founder of a New York private equity firm was indicted Monday for allegedly stealing $9.3m from investors and spending it on jewelry, a luxury car and rent, according to Manhattan prosecutors.
HSBC was sued by Singaporean billionaire Peter Lim’s ex-wife, who claimed she suffered losses because of the bank’s negligence.
Someone is for the high-jump!
Should more countries follow the example of the Netherlands and make all banking officials swear an oath of integrity?
A former UBS banker indicted in 2011 on a charge of helping wealthy Americans evade taxes has agreed to plead guilty in Florida, the latest target in a five-year U.S. crackdown.
Former Bank of America executive Phillip D. Murphy pleaded guilty to conspiring to defraud bond investors and the U.S. government through a bid-rigging scheme, prosecutors said.
Goldman Sachs and Deutsche Bank are quietly trying to get out of a business few people know they are even in: trading supplies of raw uranium known as yellowcake.
"At Barclays we believe in paying for performance and paying competitively," declared Antony Jenkins, chief executive, several times on Tuesday.
More than 400 bankers are likely to be axed at the US investment bank Morgan Stanley, which is streamlining its bond-trading business amid a worldwide downturn in fee income.
A New York City man claiming to be an experienced hedge fund manager was convicted Friday for stealing over $800,000 from at least 17 investors, according to a statement from New York Attorney General Eric Schneiderman.
Anil Prasad, the former global head of foreign exchange and local markets at Citigroup, and his business partner Farhang Mehregani will start operating their own hedge fund in January after clearing regulatory hurdles in the U.K.